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Germany adds record 8 GW solar, wind capacity in H1

Germany added a record 8 GW of solar and wind power capacity in the first six months of 2023, up around two thirds year on year, think-tank IWR said, based on data from the BNEtzA registry.

read more... 11/07/2023

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Daily (10.07.2023): Oil prices rose by about 3% on Friday as US stocks reached their lowest level since the start of 2023

Oil prices rose on Friday, posting a second straight week of gains as official data showed US stocks had hit their lowest level since the start of 2023. As a result, WTI crude climbed by about 3% to settle at $73.86 a barrel, while Brent crude ended at $78.47 a barrel, posting a 2.6% gain day-on-day.

read more... 10/07/2023

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EU proposes Energy Charter Treaty exit after climate concerns

The European Commission proposed on Friday that EU countries jointly quit an international treaty that has been criticised for blocking efforts to fight climate change because its protection of energy investments extends to fossil fuels.

read more... 10/07/2023

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Spain targets EU power market reform by year end

The Spanish EU presidency plans to make power market reform one of its main priorities, with the aim of approving plans before the end of the year, energy ministry sources told Montel on Friday.

read more... 10/07/2023

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UK discusses Wylfa nuclear site sale

The government has confirmed ongoing discussions about the potential sale of the Wylfa nuclear site in response to a report by the Welsh Affairs Committee.

read more... 10/07/2023

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